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Euro zone Markit Services PMI above forecasts (53.1) in May: Actual (53.3)
Mon, 06 Jun 2016 06:26:05 GMT
 
The latest release on business growth in the single currency remained soft for the previous month, showing undoubted evidence that the strong expansion at the beginning of the year has >>
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EUR/CAD 1H Chart: Channel Up
Mon, 06 Jun 2016 06:15:21 GMT
 
A rally that was initiated in late May has managed to push the price through the relatively recently established falling resistance line, which implies that EUR/CAD will keep advancing north. >>
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UK services PMI grows above expectations, signaling fresh hopes for British economy
Mon, 06 Jun 2016 06:14:47 GMT
 
The United Kingdom May services purchasing managers' index rose more than expected, rebounding from a three-year low in April, which signalled increasing optimism over the health of the British economy. >>
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NZD/USD pierces through 0.6830
Fri, 03 Jun 2016 16:13:15 GMT
 
Considering the latest developments, a combination of the 55-day SMA and monthly PP at 0.6830 is unlikely to stay intact. >>
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USD/CAD returns to 1.29
Fri, 03 Jun 2016 16:02:25 GMT
 
USD/CAD bounced off of 1.31 on poor US statistics, but there remains a good chance that the rate will be able to stabilise near the monthly PP and 55-day SMA >>
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AUD/USD relaunches attack on 200-day SMA amid weaker Greenback
Fri, 03 Jun 2016 15:51:17 GMT
 
Today's fundamentals got in the way of yesterday's conclusions provided by technical analysis, and instead of a confirmation, the currency pair is attempting to gain a foothold above the 200-day >>
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Market Research: EUR
Fri, 03 Jun 2016 15:40:20 GMT
 
The past period was a dynamic one for the observed currencies, packed with wide moves and direction changes. The first days of the period were associated with a notable fall >>
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EUR/JPY sets on a path to 120 yen
Fri, 03 Jun 2016 15:29:47 GMT
 
None of the nearby supports were able to halt Euro's decline, and now EUR/JPY is trading below the monthly S1 level, which implies a deeper sell-off next week, down to >>
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ISM Non-Manufacturing Index worsens whereas factory orders surprise
Fri, 03 Jun 2016 14:36:56 GMT
 
The final Markit US Services PMI came in at 51.3 in May, following the 51.2 preliminary reading and the 51.4 market forecast. Meanwhile, US factory orders rose 1.9% in April, >>
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Dukascopy Aggregate Technical Indicator Afternoon
Fri, 03 Jun 2016 13:38:13 GMT
 
Dukascopy Aggregate Technical Indicator for 30 min and 1H time frame charts for major pairs for the last 144 periods till 15:30 GMT. >>
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Paul Rosenberg, Market Analyst at www.economiccalendar.com, on EUR/GBP
Fri, 03 Jun 2016 13:16:05 GMT
 
To put it simply, markets do not like uncertainty, even when news sources are of varying levels of credibility. >>
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US trade balance improves in April
Fri, 03 Jun 2016 13:05:20 GMT
 
The trade gap in the United States rose 5.3% to %37.4 billion in the fourth month of the year, compared to the $41.9 billion deficit seen in the previous month, >>
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US non-farm payrolls shock investors
Fri, 03 Jun 2016 12:43:25 GMT
 
Non-farm payrolls rose by a seasonally adjusted 38,000 in May, missing the 160,000 forecast and following April's revised down 123,000. Meanwhile, the unemployment rate declined to 4.7% from 5.0% seen in >>
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UK PMI surprises in May
Fri, 03 Jun 2016 12:06:34 GMT
 
The Euro zone's retail sales rose  0.0% month-over-month in April, following the -0.5 reading seen in the previous month and the 0.2% market forecast. Meanwhile, the final Markit UK Services >>
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European PMI improves in May
Fri, 03 Jun 2016 11:38:34 GMT
 
The final Markit Germany Composite PMI came in at 54.5 in May, following the 54.7 preliminary reading and April's 53.6, whereas the final Services PMI came in at 55.2, in >>
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